(Boston, MA) The Neighborhood Assistance Corporation of America, (NACA) applauds the mortgage industry’s expected plan to freeze interest rates for subprime borrowers but worries the deal won’t go far enough....
NACA & Countrywide Agreement Viewed as Best Foreclosure Prevention Solution
(Washington, D.C.) “Help Now” for homeowners at risk of foreclosure is what members of the House Financial Services Committee are calling the agreement between the Neighborhood Assistance Corporation of America...
NACA & Countrywide Setting the Lending Standard
(Washington, DC) Thanks to a legal agreement between the Neighborhood Assistance Corporation of America (NACA) and Countrywide Financial Corporation, tens of thousands of homeowners at risk of foreclosure will now...
Countrywide and NACA Announce Groundbreaking Initiative to Help Borrowers Preserve Homeownership
(Washington, D.C.) Countrywide Financial Corporation (NYSE:CFC) and the Neighborhood Assistance Corporation of America (NACA) announce a joint initiative aimed at their common goal of preserving homeownership. NACA will assist Countrywide...
Break Through in Foreclosure Prevention
(Washington, D.C.) The Neighborhood Assistance Corporation of America will announce the first major breakthrough that will provide unprecedented homeownership opportunities for many working people at risk of foreclosure, including the...
Countrywide Boycott Begins
(Jamaica Plain, MA) On Thursday, October 11th at 12:00 p.m. at NACA’s headquarters (3593 Washington Street, Jamaica Plain, MA), a nationwide boycott of Countrywide Financial Corporation will begin. The boycott...
NACA CEO to Testify at Financial Services Committee
(Washington, D.C.) The Neighborhood Assistance Corporation of America’s (“NACA”) CEO Bruce Marks will be testifying on Thursday September 20th before the House Financial Services Committee. Also testifying will be the Treasury...
Countrywide Borrowers Must be Protected
(Washington, D.C.) On Thursday, August 23, 2007 the Neighborhood Assistance Corporation of America (NACA) brought Countrywide borrowers to Washington D.C. to expose Countrywide’s predatory practices at the National Press Club. ...
NACA Calls on Politicians and Regulators to Take Action: Stop Foreclosures and Restructure Loans
(Jamaica Plain, MA) – The Neighborhood Assistance Corporation of America (NACA) first exposed Countrywide’s predatory practices, last Thursday August 23rd, by bringing Countrywide borrowers from across the country to the...
Countrywide Borrowers Expose Lender’s Predatory Practices
(Washington, D.C.) The credit crisis is about sub-lenders not sub-prime borrowers. The homeowner’s loans can and must be made affordable to prevent a further disaster. Who: Countrywide borrowers from across...
NACA Issues Call to Action for Subprime Victims
Homeowners at risk of losing their homes need to come to one of NACA’s offices. Please get out the word to the many homeowners who need assistance. (Boston, MA) The...
Governor Patrick Establishes Foreclosure Moratorium
(Boston, MA) Governor Deval Patrick’s announcement today will essentially establish a moratorium on foreclosures. The Division of Banks will request that lenders delay auctions for at least sixty days for...
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